27305 Norfolk StInksterMI48141
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Inkster at 27305 Norfolk St, Inkster, MI, 48141 offers a 9.56% rental yield on a $120,000 purchase with $956/mo rent. Total monthly income registers $956/mo, and a $587/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,980/yr on $39,780 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 130.03% and total cumulative return in cash at $51,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $956/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48141, Inkster, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,453 (100%) |
| Owner Occupied HU | 4,906 (42.8%) |
| Renter Occupied HU | 5,273 (46.0%) |
| Vacant Housing Units | 1,274 (11.1%) |
| Median Home Value | $80,435 |
| Average Home Value | $133,879 |
Housing Distribution
Address Breakdown
Residential
10,454
Single Family
8,889
Multi-Family
1,565
Businesses
375
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